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Economy
- Service : English General
- Category : Economy
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PM: Govt targets increasing foreign reserves
Date: 2022-08-18 18:22:51 GMT - Egypt - Economy - SN:80 - ID:9727672
EL ALAMEIN, Egypt, Aug 18 (MENA) - Prime Minister Mostafa Madbouli said the government targets increasing the country's foreign reserves, through a well-defined plan to attract foreign direct investments, strengthen the private sector's contribution ....
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Cabinet approves paying EGP 10 bn of overdue dues to exporters
Date: 2022-08-18 18:21:41 GMT - Egypt - Economy - SN:79 - ID:9727589
EL ALAMEIN, Egypt, Aug 18 (MENA) - The Cabinet on Thursday approved a request by Finance Minister Mohamed Maait to implement the fifth phase of an initiative aimed at paying EGP 10 billion overdue dues to exporters. The decision was made during ....
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Egypt's central bank keeps interest rates unchanged
Date: 2022-08-18 15:40:15 GMT - Egypt - Economy - SN:71 - ID:9727585
CAIRO, Aug 18 (MENA) - The Central Bank of Egypt (CBE)'s Monetary Policy Committee has decided to keep overnight deposit rate, overnight lending rate, and the main operation rate unchanged at 11.25 percent, 12.25 percent, and 11.75 percent, ....
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30 container ships, cargo vessels handled at Damietta Port
Date: 2022-08-18 13:48:40 GMT - Egypt - Economy - SN:58 - ID:9727211
DAMIETTA, Egypt, Aug 18 (MENA) - As many as 30 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement on Thursday, the Damietta Port Authority (DPA) said the total trade volume of exported goods from ....
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PM: Non-Banking financial sector plays vital role in support of economic development in Egypt
Date: 2022-08-18 13:43:18 GMT - Egypt - Economy - SN:57 - ID:9727132
ALAMEIN, Egypt, Aug 18 (MENA) - Prime Minister Moustafa Madbouli said the non-banking financial sector is a key driver to the Egyptian economic development wheel. During a meeting Thursday with Chairman of the Financial Regulatory Authority ....
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Bourse gains EGP 2.9 billion at close of week trading
Date: 2022-08-18 12:57:44 GMT - Egypt - Economy - SN:54 - ID:9727204
CAIRO, Aug 18 (MENA) - Egyptian Exchange (EGX) indices showed mixed performance at the close of the week's trading pushed by wide-scale purchases by institutions and local investment funds and sales by foreign and Arab funds. The market capital ....
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Int'l cooperation ministry launches round of talks with EIB delegation
Date: 2022-08-18 12:36:02 GMT - Egypt - Economy - SN:52 - ID:9727054
CAIRO, Aug 18 (MENA) - The International Cooperation Ministry has launched a round of talks with a delegation of the European Investment Bank (EIB) to discuss "NWFE'' program for investment in climate-related projects in line with an integrated ....
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Global (4): Clear water, blue sky, lush mountain: Guizhou's efforts in environmental protection pay off
Date: 2022-08-18 10:22:16 GMT - China - Economy - SN:36 - ID:9726809
Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================================== Clear water, blue sky, lush mountain: Guizhou's efforts in ....
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Global (3): DUBAI ESPORTS FESTIVAL TO BE LAUNCHED IN NOVEMBER 2022
Date: 2022-08-18 09:28:47 GMT - United Arab Emirates - Economy - SN:26 - ID:9726687
Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ======================================================================== DUBAI, UAE, Aug. 18, 2022 /PRNewswire/ -- Dubai's Department of ....
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Egypt allocates EGP 506.5 m to support governorates' special funds
Date: 2022-08-18 09:24:54 GMT - Egypt - Economy - SN:25 - ID:9726513
CAIRO, Aug 18 (MENA) - Finance Minister Mohamed Maait said EGP 506.5 million was allocated to support the governorates’ special funds and accounts in the first quarter of the current fiscal year, so that they can pay the salaries of their employees ....
